British International Investment

UNICAF LTD

AfricaBotswanaEgyptGhanaGuyanaJamaicaKenyaMalawiNigeriaSouth AfricaUgandaZambiaZimbabweAfricaCaribbeanEast AfricaNorth AfricaSouth AmericaSouthern AfricaWest AfricaEducation

UNICAF is Africa’s leading online and blended learning higher education provider.

The company provides international-standard post-graduate degree programs to working adults across Africa, but at a price-point that is up to 80 per cent less than the cost of those degrees in the UK or US.

Founded in 2012 by Dr Nicos Nicolaou, UNICAF partners with international universities, and offers its own locally accredited degrees. It has grown rapidly and now reaches approximately 15,000 students, growing at more than 50 per cent each year.

The company has a physical presence in nine African countries, including branch campuses in Malawi and Zambia.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $11.66m Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Education May 2016 Active
Investment 02 $479.25k Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Education October 2017 Active
Investment 03 $535.46k Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Education March 2018 Active
Investment 04 $5.62m Africa, Caribbean, East Africa, North Africa, South America, Southern Africa, West Africa Education September 2018 Active

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